This will buy you some time unless the thing goes "Old Faithful" on you.

Deeds and other instruments; recording; when effective as notice; possession of real estate; not effective as notice; when.(1) Except as otherwise provided in sections 76-3413 to 76-3415, all deeds, mortgages, and other instruments of writing which are required to be or which under the laws of this state may be recorded, shall take effect and be in force from and after the time of delivering such instruments to the register of deeds for recording, and not before, as to all creditors and subsequent purchasers in good faith without notice. 

EM is really to show good faith and to indemnify a seller in the event of a financial loss from the non-performance of a buyer. $10.00 won't do either in real estate since deals are in thousands of dollars and non-performance can cause actual and consequential damages.

Your trust and faith in a TK provider will go a long way in your over-all experience and will absolutely have an affect on your rate of return.

In addition, you are taking on many leaps of faith.

I say "lucky" because the past two sets of tenants were never properly screened and basically  accepted on good faith.

This is something that i was taught growing up from my parents and also the faith in which we pratice.Geoff Murphy

I will cause others to believe in me, because I will believe in them and in myself.I will sign my name to this formula, commit it to memory and repeat it aloud once a day, with full FAITH that It will gradually influence my THOUGHTS and ACTIONS so that I will become a self-reliant, and successful person.

The EMD is not only to provide consideration for the contract but it's also the safety net for the seller if a buyer fails to perform, so it's also a good faith gesture.

Sunday Blessings All, and Keep the Faith,Tevis